Get notifications in real-time for staying up to date with content that matters to you.
Consolidation has been tipped once again as the future for mortgage lenders The Advertiser reported today.
Raine and Horne Financial Services general manager Gary Benzan said the flow-on effect of the US sub-prime crisis was changing the lending landscape in Australia and that mortgage providers would be forced to merge.
“What we are seeing is quite likely a process of natural selection,” he said.
According to Mr Benzan, smaller mortgage managers will be forced to review their business models and improve competitiveness to survive.
Published 12-02-08
The co-founder and CEO of new mortgage lender WLTH has revealed i...
The ACCC has revealed examples of the types of business loans tha...
The time it takes from loan submission to approval surpassed 25 d...
The number one magazine for mortgage brokers
The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
Do you expect mortgage applications to increase or decrease over Summer?
